Innovation News

Washington D.C. - Conducted by the National League of Cities (NLC), the Local Economic Conditions Survey 2015 asks government officials in more than 250 cities across the nation to assess their local economic conditions. Painting a broad picture of the economic health of cities, Cities and Unequal Recovery highlights key points from the most recent survey. The report finds that economic conditions over the past year have improved in nearly all cities, with 28 percent of city leaders indicating that conditions have improved greatly and 64 percent reporting slight improvements. In the 2013 Local Economic Conditions Survey, just 8 percent of cities reported greatly improved local economic conditions from the year before.

Trenton, NJ - Two small business clients of America’s SBDC New Jersey, president and CEO Brian A. Leuthner of Edge Therapeutics, Inc. and founder and CEO Dr. Pankaj Mohan of Oncobiologics Inc., were named finalists in the Ernst Young Entrepreneur of the Year (2015) New Jersey. Leuthner of Edge Therapeutics advanced to be one of several winners of this prestigious award. The award program is co-sponsored by The Kauffman Foundation.

New Brunswick, NJ - Pharmacists have many opportunities for collaborating with nurse practitioners (NPs) and physician assistants (PAs) on managing chronic and acute conditions commonly seen in the retail health practice setting. That was a central theme of the 1st Annual Convenient Healthcare and Pharmacy Collaborative (CHPC), which featured 10 clinical sessions providing continuing education credits for pharmacists, NPs, PAs.

Washington D.C. - One of ITIF’s most important roles is to develop actionable ideas that policymakers can trust to foster innovation, growth, and progress. This report provides a menu of such ideas for the 114th Congress. It is not intended to be a comprehensive analysis of all tech policy issues currently up for debate, but rather lays out a selection of new ideas for Congress and the administration to consider. It is organized by topic area—from innovation and competitiveness to trade and globalization—with short summaries of each idea and citations for additional details.

Trenton, NJ - Continuing the state’s commitment to supporting the growth of the technology and life sciences industries, which are targeted for growth under the Economic Opportunity Act (EOA), the Board of the New Jersey Economic Development Authority (EDA) today took action to approve Grow New Jersey (Grow NJ) tax credits for two Middlesex County projects.

Trenton, NJ - New Jersey offers businesses the opportunity to promote their “green” initiatives for free by signing up for theNJ Sustainable Business Registry. It’s a no-cost way to promote your business and distinguish yourself from the competition by being socially responsible.

Trenton, NJ - Legislation sponsored by Assemblyman Patrick Diegnan and Assembly colleagues to create a task force charged with recommending how to incorporate engineering into the K-12 science curriculum received final legislative approval last month and now heads to the governor's desk.

Washington D.C. - According to Sophie Quinton of Pew Charitable Trust, "New College of Florida doesn’t offer pre-professional degrees, like nursing or engineering. Students choose the public liberal arts college because they want an intellectual experience. Many take a year off after graduation to pursue research or community service. Yet last fall, New College opened a flashy new career center on its Sarasota campus. It needed to prove to the state that it was helping students find jobs and graduate on time, or risk losing $1.1 million in state aid. “That’s a big deal for us,” David Gulliver, media relations coordinator for New College, said of the money.

Trenton, NJ - According to Josh Burd of NJBiz, "It might be tough to quantify the volume of fiber in Newark, but New Jersey's prowess as a state is well-documented. The Garden State, which has 17 fiber providers, is third in the country when it comes to the percentage of population covered by fiber, according to broadbandnow.com.With about 63 percent of its population covered, it sits behind only Rhode Island (98 percent) and Oregon (77 percent).

Millville, NJ - According to New Jersey Business magazine, "WHEATON® announced that it will begin offering an innovative, breakthrough technology that allows for the manufacture of plastic exterior components with complete interior coverage of pure glass. The broad range of products envisioned from the application of this technology will provide numerous benefits to its clinical science customers. Attendees of the 2015 AACC Clinical Lab Expo, July 26-30 at the Georgia World Congress Center in Atlanta, are invited to visit WHEATON® at Booth 3615 to learn more about this innovative technology."

Trenton, NJ - The New Jersey Economic Development Authority (EDA) continues its series highlighting how entrepreneurs and investors are helping to build New Jersey’s technology ecosystem. Serial entrepreneur Dr. David Fischell, of Fair Haven, has founded and led more than a dozen medical device companies to success in the last 20 years. To Fischell, developing medical devices is a family affair. David, along with his father Dr. Robert Fischell, a physicist, and his brother Dr. Tim Fischell, a cardiologist, started New Providence-based Svelte Medical Systems in 2007.

Trenton, NJ – Legislation that would change New Jersey laws and regulations to help businesses take advantage of crowdfunding passed the Senate last Thursday. Specifically, S-712/A-2073 would provide exemptions from registration with the NJ Bureau of Securities for companies that want to offer intrastate crowdfunding investment opportunities. The total investment cannot exceed $1 million, and the investment from any single purchaser is capped at $5,000.

Trenton, NJ - Threats to cybersecurity change every day, so it is essential to stay on top of the latest updates to keep your business safe. TheNew Jersey Cybersecurity & Communications Integration Cell(NJCCIC) has released its latest bulletin, which details the vulnerability of the systems that control the northeast electrical grid. A weakness that allows hackers to exploit font drivers in certain Windows servers was found, and multiple vulnerabilities in Adobe and Microsoft software were discovered. NJBIA is working with the NJCCIC to keep businesses up to date on the latest cyber threats and the tools available to fight them. The cell was launched by Governor Christie this past May.

Trenton, NJ - The New Jersey Economic Development Authority (EDA) continues its series highlighting how entrepreneurs and investors are helping to build New Jersey’s technology ecosystem: In 1999, scientist-turned-entrepreneurNavneet Puriearned his PhD in Pharmaceutical Sciences from Rutgers University and went on to found InnoPharma, Inc. in Piscataway justa fewyears later. The research and development pharmaceutical company,focused on developing complex generic and innovative specialty productsin injectable and ophthalmic dosage forms, was ultimately acquired by pharmaceutical giant Pfizer last year. Under Puri’s leadership, InnoPharma had more than 30 products in various stages of development, including 10 generic products that had received Food and Drug Administration approval.

Galloway, NJ - By spring 2017, Stockton University expects to complete the first phase of a major facilities expansion that will create a distinctive entrance on the Galloway Campus. The state-of-the-art facilities will allow Stockton to accommodate more students and better prepare them for successful careers in science, technology, engineering and mathematics (STEM).